17Registration of corporations

#### 17 Registration of corporations (1) The Regulator must register a corporation under this Division if the corporation has applied for registration under section 12 in accordance with section 15. (2) The Regulator may register a corporation under this Division if: (a) the Regulator is satisfied that section 14 permits the corporation to apply for registration; and (b) the corporation has applied for registration in accordance with section 15. (3) The Regulator must notify the corporation, in writing, of his or her decision on the application. (3A) The Regulator must register a corporation under this Division if: (a) a reporting transfer certificate is issued to the corporation; and (b) the corporation is not already registered under this Division. (4) The corporation is registered under this Division when the Regulator has entered the name of the corporation on the Register.